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Latest Articles in defence industry

Defence Budget 2022 Puts Spotlight On R&D in Defence; Reserves 68% of Capital Budget For Domestic Industry

In the Union Budget 2022-23 on Tuesday, a total of Rs 5.25 lakh crores has been allocated to the Defence Ministry and the Services this year. Overall, the budgetary allocation is increased by Rs 47,000 crores from last year's allocation of Rs 4.78 lakh crores which is around 10% compared to the last year. While the announcement to reserve 68% of the capital procurement budget for domestic industry is towards indigenization, the finer aspect of the budget is the focus on R&D.

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India’s Image Of Being An Importer Country Is Changing: MoS Defence

Minister of State for Defence Ajay Bhatt stressed on self-reliance in the defence sector which is now encouraging more exports of defence equipment and highlighted Prime Minister Narendra Modi’s visionary leadership which is helping the defence sector to stand on its feet.

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Integrated Theatre Commands Considered A Necessity Since Kargil War And Will Gradually Unfold Over The Years: Indian Army Chief Gen M.M. Naravene

Army Chief General Manoj Mukund Naravane speaks exclusively with BW Businessworld’s Manish Kumar Jha on the Indian Army’s steady march into the next era. The Indian Army is one of the world’s finest institutions hallmarked by its strength, historical glory and impeccable peace-keeping record. The institution has needed far reaching reforms in the new century in its continuing quest for modernization. Gen Naravane speaks on a range of topics including Integrated Theatre Commands, artillery modernization, the LAC Standoff with China, military equipment and new tech such as anti-drone capability, the OFB, defence industry, the procurement process, J&K and the situation in Afghanistan and his initiative to have an independent human rights cell within IA--its unique and humane nature. Excerpts:

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India's First And Crucial Defence Strategic Partnership Mechanism For Submarines Is Ready: Defence Secretary Ajay Kumar

Defence is as about security as crucial it is for the economy and technology. The inherent opportunity and challenges both lie in building capabilities for our industry and so the armed forces. India marks at the threshold of such breakthroughs in defense & aerospace--if the policies set forth rightly and implemented in spirit. India's Defence Secretary, Dr Ajay Kumar with his tech background is at the crucial juncture to drive policies within the complexity of defence industrial ecosystem that India must not loose the momentum at any cost. BW Businessworld's Defence Editor Manish Kumar Jha interacts with Defence Secretary on such policies issues exclusively. Interaction touches upon: Defence Export, Startups, Offsets, SP Model, MMRCA-2, OFs, NUH and crucial aero engine among others.

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Our New Policy Aims To Make Gujarat India's Defence Factory: CM Vijay Rupani

With 18% of India’s industrial output and 53% of the total FDI in 2020, Gujarat certainly stands tall among other federal States of India and its major economic indicators on right track. Debate is often on historic linkages but it is more about right policy, leadership, thrust on industry and governance. CM Dashboard is set up to monitor each projects underway across the States which is the first of its kind to check accountability--real time and digital. Gujarat's Chief Minister Vijay Rupani speaks with BW Businessworld's Manish Kumar Jha on such initiatives that make global investors flock to Gujarat. Beside industry and investment, he tells me more on Education, NEP and his plan for Green energy.

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Aero India 2021: Indian Ocean Region Defence Ministers' conclave to be held tomorrow

Aero India 2021: Indian Ocean Region Defence Ministers' conclave to be held tomorrow

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Northern Command Equipment Display 2020 organised in J-K's Udhampur

Northern Command Equipment Display 2020 organised in J-K's Udhampur

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India's Defence Acquisition Process Should Not Be Aimed at Fault Finding But For Facilitating: Admiral RK Dhowan

Aerospace Maritime and Defence Studies (SAMDeS) & FICCI deliberated the vital aspect of India's defense acquisition process over 1st ever eSymposium on Negotiating Defence Contracts on June 24. Time has come to overhaul the defence contracts in India, infamously known for excruciatingly long process and cut down time & cost.

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India’s Garden Reach Shipbuilders & Engineers Ties Up With Portugal’s BERD For Building Next Generation Modular Bridges Solutions

India’s Garden Reach Shipbuilders & Engineers (GRSE) has inked a MoU With Portugal’s BERD for building next generation modular Bridges solutions in India. GRSE, one of the largest DPSUs of India which makes complex naval vessels for the Indian Navy has tied up with world's leading engineering entity, BERD for the Methods and Solutions for Bridge Construction.

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Govt Working On Time-bound System For Grant Of Security Clearance To Defence Industry

The government was looking at putting in place a system under which a time limit will be stipulated for granting of licence on short, medium and long-term basis

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